India's 5% broken parboiled rice was priced at $537-$543 per MT this week, slightly lower than last week's $539-$545 range. Buyers are postponing purchases due to higher freight costs and the anticipation that India may ease some rice export restrictions, which could reduce global prices. India is expected to lower the minimum export price for basmati rice and replace the 20% export tax on parboiled rice with a fixed duty on international shipments, as the country's rice inventories have reached a record high.